Dan Kennedy - Advanced Coaching & Consulting Bootcamp NOTES
Dan Kennedy - Advanced Coaching & Consulting Bootcamp NOTES
DVD 1
This is:
Getting clients
Controlling them
Extracting maximum money from them
Keeping them as clients
Multiplying number of clients
Read all DK’s material such as the newsletter for multi-educational purposes. You
should notice:
Entertainment
Marketing ideas & examples
How is it structured and why is it done a certain way to keep a member
DK’s’ first coaching program for dental & chiropractors in 1979 at $30k a year:
8 mastermind meetings
2 staff training seminars
System orientated training - operations
Non system training – mindset stuff
Audio & video material
Monthly accountability
Staff newsletter
Newsletter
Continuing telephone coaching
Fast start day
DK has retained clients for years even though he has increased his fees far greater than
inflation and being very dictatorial about it.
DK gets a few guys up to talk about their coaching businesses to establish the specific
authority of coaching for himself because it’s been months since the audience has read
the sales letter so he has re-established the right the talk about the topic and gain
control of the audience.
He does this every single time with a client regardless of the length of the relationship.
He constantly reminds them what the relationship is (teacher – student), why they pay
him money and to get control over them again.
Ignore traditional norms about coaching & consulting. The norms are rooted in:
hours for dollars culture
- no leverage as no matter how much value you give your earnings are
capped
- The client ultimately will view it as overpaying as they will compare hours
for dollars
- Eventually everyone is unhappy
- Instead sell them the money
Academic orientation
- Hung up on certifications and letters after the name
- Nobody cares about it other than the people signing the letters
Ladder thinking
- Always be sticking a ladder in front of your clients because people will
always climb them but NEVER stand in front of one yourself
- Ladders are for controlling people e.g. boy scouts of America has a ladder
purely for controlling kids & parents
All mired in poverty thinking
- You should be only able to make so much an hour
- Our clients make X then we should earn Y
- Your monetary compensation is based on the actual value provided as
defined by the recipient (not you) and what you can get
Coaching has to do with your attitudes to yourself & money, how big your
balls are and your ability can keep a straight face when you ask for the
cash. All self image related.
Every business runs itself in relation to price i.e. a multiple of cost. This
doesn’t exist in coaching and the info business.
Roles
Is not be at service to clients.
- This implies you are a servant
- Our role is to control clients and attempt to get compliance from clients
- You are their superior
- Example: DK was having back problems and he went to a chiropractor.
The chiropractor gave their presentation on how he would need to give a
weeks notice for his appointments and needed ongoing treatment and DK
stated that it was impossible due to his flight schedules and he wanted to
give a couple of hours notice and they would squeeze him in. He ended
up not going back. In another few months his back got worse and he went
to another chiropractor. They gave their presentation and he gave his and
the chiropractor then basically told him to get stuffed and go to another
practice (superior frame no.1). DK then rescheduled to suit them and got
3 exercises he had to do in the meantime. He went back for his next
appointment and of course not doing the exercises and was told to go
home and not come back until he did the exercises(superior frame no.2).
– THE ROLE: THE CHIROPRACTOR IS THE SUPERIOR TO GET
COMPLAINCE WITH THE PATIENT
Superiority
Have contempt for every client and look down on how dysfunctional they really
are
- Disdain is a source of power
- You have to realize whilst your clients are good at something which is
usually the technical aspects in their job, when it comes to
common/business sense which is what coaching is, you are vastly the
superior being.
- Bets way to develop superiority is to acknowledge the ignorance and
stupidity of other people
- Example: DK meets the CEO of the largest ad agency in Cleveland who
was mowing the grass in front of the office building. The lawnmowers
wheels start to go wrong. He didn’t have the sense to leave the
lawnmower there go get a wrench to fix it, instead he dragged the
lawnmower to go get the wrench!!
Confidence
Donny Deutch sold an ad agency for $300 million which is essentially selling
nothing.
- His book is called Often wrong Never In Doubt
- People don’t to buy maybe’s, they want to buy certainties. They don’t
mind paying for it even if we’re wrong but we must sell them certainty.
Money
When they show up bill them
Give NOTHING for free
If they don’t give you money for everything all of the way, you will lose control,
compliance and their respect.
Even if they are paying you a $1,000,000 a year don’t comp them
Value
This is about the clients value not our beliefs about value.
It’s not about the core value of the business – it’s the results and the clients
perception of results
It’s all up to them and you must make them happy
Success Asset 1
What you get paid for, especially over time..more than for your know how, more than for
your service or work, more than for your results, more than anything is your
REPUTATION.
Reputation:
Example is the CEO of Weight Watchers buying a expensive ad campaign from a
massive ad company. Even thought the ad had no value whatsoever he still thought it
was great because of the ad agencies reputation.
What they believe ("know") about you
The best people at anything are generally the poorest. It’s about being known or
perceived as being the best.
5. Who you are associated with, who they associate you with in their minds
This is important for newbies trying to create reputation
An aura borrowed is as good as an aura earned.
Example: the comedian who’s career was based on opening for Frank Sinatra
Who you reference in your stories and language, who you interview, who you
co-author, who you tell stories about, who you shared a seminar with
DVD 2
Example: Be known as being difficult to work with and can multiply a business over
night.
Whatever you choose, you must repeatedly reinforcement and ALWAYS maintain it.
Even a change in appearance can be disastrous. CONGRUENCE.
Better to write your own reputation than let someone else do it for you.
DK’s characteristics:
Professor of harsh reality
- A simple hand written note acknowledging someone’s kid being born or
dog dying has much more impact than if he portrayed himself as warm
and fuzzy.
Honest
Reliable
Strategist (not just a copywriter)
Sought after and unavailable and very hard to get
The characteristics you want to be known for also dictates what will not be discussed
with you. You must also be strategic about how you use your personality portrayal as it
gives you impact and currency.
Another example is that he would never buy food for meetings but he always did before
he had to ask for money!!
The same act by two different people can be viewed very differently. Personal growth
coaches suffer with this when it comes to bad behavior. They do it and they get burned
at the stake.
Your product content must match your characteristics. So must be your behavior.
Take care to build a Reputation that ....
You can live with and in for the distance
That has some room to evolve
That does not set up impossible standards
- He’s the guy that calls someone back within 30 minutes. It might work
early on but not when you become successful.
That facilitates exercising influence, control and power over others
- Someone who is tolerant, relaxed and casual will not be good at running
coaching groups because you will have trouble keeping the children from
killing each other. Someone who can occasionally fly off the handle is
more useful because people don’t want to set him off.
That will be magnetic to your constituency of choice
- Gene Simmons and his market
That has 'evergreen' appeal
That is easy for people to grasp and remember
- Should have a short explanation
That is difficult to undermine or attack
This should a reference point for all your other decisions even down to the books you
tell people you are reading.
You will always be going from narrow niches to broad markets. Be known for one thing
and fuzzy the edges.
Example: Donald Trump was known for his negotiation skills in Real Estate and has
now branched out into broader Success & Lifestyle.
Your reputation precedes you and if it inspires respect, a lot of your work is done
for you before you arrive on the scene or utter a single word.
The heavy lifting should be done before you arrive on the scene.
Have them fill out application forms for coaching
Do a course before they can do coaching
The cd’s they much listen to before they talk to you
You must construct a process that enables this reputation
When someone looks for coaching the worst thing to do is to talk to them. You must set
a process for them to jump through hoops to talk to you.
DK Process
1) Someone rings his office and his PA tells them to write out on at least one page
(not more than 2) why they want to talk to him and what it is they need and what
it is they want to do and fax it in. She then tells them that if he decides he’ll talk to
them then the PA will be back to them to arrange a phone meeting.
2) Prior to the phone appointment they get a box of stuff including newsletters, cd’s
and testimonials with instructions on what to read before they get the phone
appointment. He lets his reputation make them want to hire him.
3) They then must come back and request the appointment again.
4) By the time they get the appointment they are determined to getting him.
5) Paid day of consulting at his leisure. Inconveniencing them is the best thing to
do. The worst thing is to go to their offices.
If you have 500 testimonials send them the 500 not just 50. Give them it all.
You want them to feel likes it’s an accomplishment to get to you. Takeaway sell. Have
them fight every step of the way to buy from you.
The frame is you choosing whether or not to take a project not the other way around. If
you get the sale by selling controlling them after the sale is very difficult. Getting the
sale by them selling themselves to you makes control a lot easier.
Not credentials
- They never get second opinions or check up on you
Not expertise
Not services
Not results
Self Sabotage
Concerns over credentials & education
Concerns over your experience rather than your lack thereof
- All you need is common sense
Concerns over your financial status vs the client
Concerns over losing clients
Personal hang ups about money, power, persuasion
Visible signs of weakness
In most professional services you are not selling your expertise because it is
assumed and the prospect cannot intelligently evaluate your expertise anyway.
Coaching is much bigger than who has the bigger wallet. Value provided includes:
Fresh eyes
Dumb questions
- This has enormous value and gets them to think about the basics
Forced thought
- Slow them down and get them out of their business and really think. They
won’t do it on their own.
Make defend ideas
- The more successful someone gets the less people challenge them
Challenge predetermined limiting beliefs
Unearth ignored opportunities
- Clients will actually tell you this and they aren’t paying attention to it
Influence clients associates and employees
- Like baby sitting someone else’s kids, they will listen to you but not the
client
Be used for arbitration, political cover, decision making
- People are getting things done because they say ‘this is what Dan said to
do’. They couldn’t get it done otherwise.
Validate their own premises and ideas
- It’s nice to be told you are right
Motivation
Accountability
- Did you do what you were meant to do last month??
Recognition
- Coaching Group gives this
- One on one call Platinum 20 minute call are mostly recognition calls
Resources
Connections
Specialized knowledge
Section 3 - Sales & client control strategies, tactics, and tricks of the trade
If you are absolutely determined to let people make buying and retention decisions on
their own based on logic and the core values you deliver you will not make a lot of
money, you will not retain clients and not have much fun.
If you view it as a performance then the performance must delight the audience based
on their values not yours.
If you are coaching a group and it doesn’t appear that someone has not progressed
don’t impose your values that they should have gone somewhere. It isn’t up to you to
judge them. The only important thing is that they are delighted. People are delighted by
different things.
Are you willing to manipulate people and find out what delights them and give it to them.
In our culture the art of deception is viewed upon as evil. Other cultures just assume it is
par for the course. People don’t want to admit they are doing it.
All advertising and sales has some element of deception in it. Psychological control and
manipulation are essential elements.
Evil doesn’t exist in deception itself but rather through the user and the uses
Managing Expectations
Example is Ryanair – budget airline but they leave on time and get you there on time.
They don’t pretend to be anything else.
The importance of the introduction – the results from a speaking engagement will
depend on who introduces them and what they say. If you are there for money better to
have someone introduce the introducer and one should be giving testimony.
You have an introduction into everything you do. It has a bearing on how controllable
they are and how happy they are based on what they are told.
DVD 3
Appearance
If Batman dressed as Bruce Wayne to fly around Gotham it doesn’t work. The packing
is everything. If packaging for products is important then it’s a equally important for
people.
DK setup
Multi day Seminar
- Dress up first day then gradually dresses down
On stage to sell
- Suit
Corp meetings
- Contrarian
Rules:
1) Be congruent
2) Be strategic
3) Consider your set up
4) When in doubt, overdress – but try not to be in doubt
Accessories
Top level people don’t have computers at their desks. They have someone who does
that for them.
DK didn’t carry a brief case as the most powerful person doesn’t carry one. Instead he
would just ask for a pad. Now he just gets them to come to him and all he ever starts
with is a pad. No business cards either.
Place
By just going to the other persons place puts you in a lower position. If meeting on the
road he makes them come to his hotel not at their office.
The importance and power of the person is represented by ease or difficulty of getting to
him on the phone. Dogs leap when called. Important people don’t.
Easy access is a statement of servitude. Its also an expectation that can not be met
when you get busy.
Other access – dropping by – no good unless you own a coffee shop. Bad idea as again
it is creating an expectation you can’t meet. As soon as one person finds out they all
want to do it.
What important person do you know can drop everything at the drop of a hat and go to
dinner??
From a sales instinct is also important. Never be prompt with a quote. When you have
only one client this is hard to resist but resist it you must.
The higher the caliber the client or cost of the item the less important the guarantee.
At seminars the equivalent is food & stationary. The higher the priced the less it’s
important.
Get clients to give you testimonials, talk on tele-seminar or talk at a chapter meeting.
Never meet in restaurants. Have them come to your office and always keep them
waiting.
Powerful people have the ability to dramatize themselves and their actions so that even
the most unimportant events acquire meaning."
Examples:
DK taught the DC's never to have their presentation props in their closing room for
'Report Of Findings'. Better to get up and go and get something "just for that patient."
In his home office, he never gathers up everything he thinks he might want to show a
client during his day. One, he hates preparation -but two, it's better stagecraft to go and
go to the trouble of finding it, digging it out just for them.
Control
You cannot exercise control occasionally, it must be done constantly.
People are more likely to fill out an order form if some of it is already filled out for them
especially if done by hand.
DK Coaching Groups
Platinum meetings up to 12 people are done like a boardroom type meeting
More than 12, DK sits at the head of the table on a stool and has another one for
a hot seat
He sends reminder of rules before every platinum meeting
- come on time,
- don’t leave early,
- no cell phones
Order
- keep time on people and topics
- bring people who are quiet involved in the meeting
- play traffic cop
- stop bitching
- watch the clock
- Everyone gets the same amount of time
- Punishment for people who breaks rules such as those who leave early or
making calls. Leave early you don’t go next time at all.
DK Client Relationship
Come to him
Controlled access
Rules
- Send stuff only by federal express
Contracts
- Never do things verbally
- Should include rules
Delays in response
Learn to make people dependant on you
Never teach them enough so they can do without you
Preach independence and we teach dependence
Perceptions
You are the only person who can do what you do
- People want to believe this and will usually convince themselves
- Example is the horse hoof fixer
There is something mystical about what you do
- Have them wonder what’s in the secret cave
There is always a ‘next’
- Each years coaching should be different
Dependency Strategies
Frequency, so you are an addiction
Multiple Roles:
- Advisor
- Confidante
- Therapist
Fulfill emotional needs
- recognition,
- validation–
Ego/esteem damage ....
- person will be thought less of by exit
Cannot just be about you.....
- You as conduit, as access to ....
- You as convenience, efficiency, shortcuts ...
Must be pain of exit or disconnect, not just value of connection
- Fraternity, society ....cut off from, in exile
- Exclusive services
Big Mistakes
Being too familiar
- Be careful what you let them see
- Never reveal all yourself to other people so you remain mysterious
Being friends
- You lose power through friendship
- Friends think they should get stuff for free
Tips:
Restrict and carefully control social interaction.
Politely decline most social invitations.
Socialize with them as a group or groups, not individually.
Avoid obligation at all costs.
- DK constantly reminds people what he has done for them
Accept gifts and courtesies rarely, reluctantly, with caveats stated.
Always pick up tabs (and tip generously).
- Says massive things about you
Never take unfair advantage.
- It’s ok to have them work for free but not 5 nights of the week
Limit or avoid alcohol consumption in their presence.
Never, ever, ever date or sleep with clients or clients' family members or
employees.
Be aware of potential liabilities. Example: today's harmless flirting is tomorrow's
sexual harassment litigation.
- Coaching is fraught with risk as you are giving advice and they are
interpreting it
- As soon as they want their lawyer to look at the contract drop them ASAP
as there is someone of influence in their life whose job to justify their
existence is to instruct lawsuits
Do not use your clients as your coaches/consultants or therapists.
- Never confide in them because you need them to want to be like you
Do not complain in ways that undermine their desire to be like you.
You may cross the line at particular times, under extraordinary circumstances -
such as loss of a loved one, severe illness, other tragedy -without staying on the
other side of the line.
DVD 4
Mistake:
Member Retention
Clients continue based (more) on their FEELINGS than on realities, such as
accomplishment and results.
- It’s all about how they feel about us, themselves, the experience
Clients will divorce themselves based on their feelings even in spite of
accomplishment and results.
- Made him a million but he didn’t get his moment to shine in the meeting
and he’s gone
It is the careful assessment, control and manipulation of their feelings that is
essential to retention and/or ascension.
Additional Mistakes
Delivering too much content
- Won’t help retention
- Too much stuff makes them feel inadequate which will push them away
Delivering overly sophisticated or complex content
- Creates feelings of embarrassment, guilt and inadequacy and ultimately
resentment
- Can also be done if you insert stuff too early in a program
Teaching too much, period
Being boring
One way vs cafeteria
- Give them multiple ways to do stuff, they are happier with it
- Never give them an absolute model
Imposing your values on others
Things that make them happy
Getting lots of stuff
Taking home stuff
Getting stuff in packages
- Big mistake to deliver things electronically
Surprises
- An extra book they didn’t expect
- Handwritten note on newsletter
New and interesting things to do
- Keep giving them new stuff
New toys
- Quizes
- Questionnaires
Being sent on goose chases and treasure hunts
- Send them to look at websites
Activity that feels like accomplishment
- Come up with a USP
Good food, especially desserts
- Cookies
- Brownies
Positive feelings
Positive Feelings
GOLD STARS: Ego Stroking
- Recognition - Put them in the newsletter
- Opportunities to show off and teach - if they send something put it in the
newsletter
- Teacher's Pet status
ACCEPTANCE: Leader & Peer Support
- Recognition
- Encouragement
- A creative environment
FRATERNITY: Being An Insider (And Superior To Others)
- Being Your Client Needs To Be A Status-Symbol Somewhere
- Getting preferential treatment
- Being confided in, knowing secrets, knowing things first
WOMB: Security I Optimism
- Protection against unknown dangers
- Part of a group that triumphs no matter what
- Attachment to a person who will be there for them and cares about them
FUTURISM: Anticipation
- Something(s) to look forward to
- Unpredictability -"what'll he/we/they come up with next? "
- Left wanting more
- Goals -ascension
DK:
In high demand
Waiting list
Difficult to do business with
Eccentric
Time fetish
Intolerant to having time wasted
Terminates clients
Expensive
Highest priced copywriter in America
People are making enormous sums of money with his help
People are going from zero to millions at blinding speed
People come to him in one business and leave in another
When DK does his coaching calls he puts the guys who don’t usually answer go before
breaks and his best students last as he is tired and has less to do. He puts weak
students in between good ones so he doesn’t get too irritable.
Private client groups get goodies. He gives a drawer to each client which gets filled up
and sent at the end of each month.
Do renewals early.
He states what he is going to do with clients unless they speak up and he hears from
them.
He gives the meeting rules of conduct on page 168 and sends it every month.
Section 7 – Resources
Books:
POWER/Michael Korda
SELLING THE INVISIBLE/Beckwith
THICK FACE, BLACK HEART/Chin-Ning Chu
MENTAL JUDO/Lager
WINNING THROUGH INTIMIDATION/Ringer
NEW PSYCHO-CYBERNETICS/Maltz & Kennedy
48 LAWS OF POWER/Greene
7 STEPS TO FINANCIAL FREEDOM/Ben Suarez
NO B.S. SALES SUCCESS/Kennedy
NO B.S. WEALTH ATIRACTION/Kennedy
DVD 5
Getting clients:
A strategy is getting or being associated with a prestigious client that is magnetic
to the desired constituency.
Do speaking as you get instant kudos for doing so and you get expert status
- DK says that this is essential and you need to get good at it
- Have one stump speech, one key speech about your best thing
- He lived off Magnetic Marketing for 14 years
- It should be perfected, practiced to a fine art.
- You gain a lot of power by being up there
You have to be a prolific writer a lot and include your personality in it
- Able to write persuasively
- Reinforce your reputation with your fact list and stuff you want them to
know
- The time taken is in the planning, what it’s about, what is the strategy
- Tell lots of stories
Objectives of Public Speaking:
Getting people to seek you out and beg to be your clients
Every word, story or example should be used to forward the audience to do
business with you.
Anything else no matter how relevant that doesn’t advance the sale should be
dropped.
Doctors don’t do proposals they give prescriptions. Proposals are a bad sales
presentation. Deliver the action plan at the very least. You want to get from consultation
to contract without anything in between.
Writing Books:
DK uses books as long form sales letters cleverly disguised
He works from a short list of who he would like to raise out of the muck and get
excited about reading this – targeted prospects
4 or 5 key message points that will resonate with them too
Be willing to repel & offend those you don’t care for
It’s not deadly to reveal a lot especially if it is complicated to implement
Show it in a way that demonstrates expertise
Have a sales letter structure
They should be story books more than anything else
- Case histories
- Client successes
- Famous peoples stories (e.g. Starbucks, Trump, etc), you will get
connected with them in the readers brains
- Put in what you want to attract
- Don’t make a big thing about it – 12 newsletters is a book
- Good for small numbers of really good leads
- Most books that are bought are never read
- Try to build a promotion around it
- Great as a credibility and authoritative tool
- Great as a brochure (as well as testimonial letters)
- Decide what do you want happen with the book – The little red book of
selling – Gitomer
- There are lots of opportunity to attach yourself with celebrities for free by
using stories of them that has relevance to your subject (e.g. Sport person
talking about chiropractors)
- Reveal personal things strategically. Allow people to identify with you in
different ways. Have things that are gonna be commonalities. DK uses
bankruptcy, stuttering,, etc
- This also has the virtue of having a few things hidden
- On another level is that it strengthens the human part of the bond but don’t
do it so it invites anything other than the relationship that you want
- DK counter balances a lot of this by portraying himself as grumpy and
unfriendly
Hiring celebrities always more than pay for what you will spend on them as well
an intangible benefits too
DVD 6
Money
The getting of money from people depends on how you think and feel about money.
Act
- Act big to inspire yourself & others
- Act decisively
- Act with supreme and wholly unreasonable confidence – start things that
you have no idea on how to finish them. If you wait to get organized then
you are not in the money making business. Never be in the ‘going to do.’
- The wealthy don’t do anything sequentially, they do it all at the same time
- Trump always describes things as the best and biggest!! Larger than
life, that’s what people want
Pricing
Barriers to pricing:
You set your own price not the competition, past experiences or the market. The
price is what you want it to be and then you take it to the market.
- You will generally find that there is a market for any price.
- Resist all attempts by others to regulate your price.
- Transaction size matters a lot. Then more money you make the better
experience you can create for the client.
The Willie Loman syndrome and it’s polar opposite.
- Money does not move to you whether you are liked or disliked.
Reasons you won’t be liked (by people who wouldn’t give you money anyway so
they don’t matter anyway):
- New kid on the block (after we have been laboring for years)
- Who does he think he is anyway??
- Getting to where they want faster – not paying their dues
- Charge for what others give away
- Charge big for what others sell cheap
- Spit on cherished icons & traditions
- Expose cherished delusions
- Challenge beliefs
- Finding funny, foolish or valueless what they take seriously
- Say provocative, offensive & critical things
- Say things in a provocative, offensive & critical manner that they wish
they had the balls to say but don’t, so they criticize you for it
Best attractor for money – immunity from criticism – High achievers live
independent of the good opinion of others.
We are in the Gold Stars business for people who need them but essential that we don’t
need them. We are in the business of showing people ladders but it is essential we
don’t climb them ourselves.
If none of your decision have anything to do with this, then all your decisions are profit
related.
Bill Glazer
He sells BGS coaching on a 2 hour minimum. He first sends them a questionnaire
which he reviews for the first hour and talks with them about it for the next hour. He
charges $1000 per hour.
Page 93 has his sales letter selling a 6 month tele-coaching program.
DVD 7
Page 214 is a sales letter for a tele-coaching program ($240 per month)
Group call each month
CD of the call afterwards
Meeting once a year
Members want to network with each other (membership sites)
Gold Plus inserts
Largest discounts on events
10 Big Lessons
1) The vast majority of clients will screw things up
Don’t let this affect you and take it personally
2) You must get over the attitude that you are responsible for their results
3) The value of the client comes from 3 main sources
The knowledge they receive
The ability to show off (entrepreneurship is a lonely job)
A place to belong
4) You can’t forget to constantly cover the basics
5) A lot of the value is from you asking questions and challenging premises
Sometimes people answer their own questions
You have to help people get past industry norms and the way they have
always done things
6) The best way to get clients is through speaking
7) The more you charge, the more they value your advice and implement.
Never give free advice
8) It can lead to as much work as you want it too
Speaking
One on One coaching
Copywriting
9) You need to manage the length of the relationship
Have an exit strategy set up from the start
10) Authority is critical
Option B should be better than Option A and you need to have a way to get people from
A into B. Make sure all parts are connected to you in some way
Organizational, marketing & time management questions are the most common.
Dan Kennedy
If you are speaking never miss the person speaking in front of you in case you
contradict them or repeat the same points. Be there for all of it before you. You also
want to build on what they have said previously.
Deception by omission or exaggeration
DK used to make public his schedule to prospects and clients (for reasons
of stimulating business and scarcity). He had 2 versions: one was real and
the other was embellished. On days he wasn’t booked he would put office
work/copywriting for clients/hold not yet scheduled.
Clients only want your time when there is none of it available
Having prerecorded tele-seminars instead of live even though the
perception is that it is a live calls
This needs to be continuous because if they ain’t talking about you then they are talking
about someone else.
Keeping has a lot to do with their interest and fascination with you.
Examples of Strategies:
Do out of ordinary things
- Make it interesting such as DK’s interest in horse racing rather than golf
because most people don’t like horse racing. It’s unique. Go to places
people don’t normally go to.
- Example: Yanik Silver is paying for being one of the first people in a
commercial space shuttle with Richard Branson
- Make a big deal of unique things you do
- Example: DK on the bull
Make known your unexpected eccentricities
- Example: Sam Walton was that he always ate with the workers, drove his
old pick-up truck despite all the money he made. It’s also only partly true
but still what people thought of him.
- Example: Warren Buffet is best known for not investing in tech stocks.
Be associated with famous and fascinating people
Pick a public fight
Perform amazing feats
- Have a claim to fame
- Book: Carter beats the Devil
Comment on news and timely topics
- There is something every day that you can make fun of, make a lesson
from and just be commenting on it. Be witty.
DVD 8
Thomas Edison wasn’t a great inventor. He was good however at getting money from
people. He made flashy presentations with ridiculous applications just to make a
reputation for himself.
Dale Carnegie was good at pitching people. What you see as their business is rarely
their business.
Example: John & Dave: Use warts and all to sell yourself. The faults make you more
believable.
What DK prefers a prospects is told and know about him in advance ...
Dan is hard to get to
Dan is extremely busy and has more business than he can handle
Dan is difficult to work with
Dan is inaccessible even to clients
Dan is arbitrary Dan is blunt, rude, obnoxious
Dan is irritable
Dan is outrageously expensive
What you can know about him if you read his books ....
Been both personally and corporate bankrupt
Had cars repossessed
Had a drinking problem
Twice seriously contemplated suicide
Twice divorced
Has diabetes
Stuttered as a kids
The bad stuff humanises him. There are also commonalities with other entrepreneurs
such as bankruptcy in the same way as if you are marketing child development stuff to
parents it is very useful if you have a child that has a disability as they connect with you
on a much higher level.
Use everything you got because your life experiences are valuable, meaningful and
important to people.
Strategy of Attachment
Mike Vance’s entire business was based on the fact he worked for Disney for 3 years.
Robert Kiosayki has connected himself to Trump. His success is also largely down to
having a good story.
Strategy of Opposition
Jack Henry – He worked with supermarkets with a program for preventing theft from
employees & vendors. His story is he is an ex-delivery man thief. Average store loses
$500 per day. He was charging $500 for a day long seminar so DK raised it to $5000.
He only lost one client. They created his day seminar into 2 separate parts: basic to
advanced and then charged $10000.
The enemy was the thieves and how much they were stealing. His story was he was in
the owner of a stores house and the bigger house across the road was the pepsi
delivery man.
Craig Forte vs Craig Proctor: Ones sales message I’m still doing it whilst the others was
I’ve never done it and you don’t want someone who has.
When interviewing people, you must think about what they will do to your list in terms of
your reputation. What happens to your client when they become their client. Have front
end restrictions. For example if they do coaching then have it so they can’t say the word
book on the call but can promote books and website.
When interviewing people who are comparable to what you do, there must be benefit to
you too in terms of reciprocity. Have an equal trade off. Joint venture.
Once you have created a category of interest for clients you can’t fence them in just with
you. You open the market to them. It doesn’t matter how much they spend with you,
they will spend money with someone else anyway. As long as the person meets your
criteria, you might as well profit from it too.
DVD 9
Everyone else sends press kits or brochures. It doesn’t all need to be pretty. The best
thing to send is a book. It just screams expert status.
When going for clients cold you can’t do any takeaway selling. There is great resistance
in being presented to. Example is 2 guys talking at a conference and one guy is talking
about how his store is being robbed blind by his staff. Next to him hearing this is a third
guy who prevents store theft and he taps the guy on the shoulder and says ‘I couldn’t
help over hear you and I can solve your problem’. Straight away the store owner starts
to get defensive about being sold to. Compare the same 2 guys talking and one tells the
store owner that he knows a guy that solves store theft and he is at the conference. The
store owner then seeks him out and the dynamic is very different. The third guy can now
do takeaway selling ‘Oh I can occasionally take on new clients’.
Lead Generation Ad page 90 strategy out as overt but will later revert back to
takeaway.
Level 1 is where all the work is. Ads in 20 different magazines & 6 step sequences.
Giant bribe offer – subscribe for the newsletter and get 20 free reports and 15 cd’s. 1, 2
or 3 years subscription and get bigger piles of stuff or here’s 50 reports pick your
favourite 8.
DK Marketing Tools
You are unlikely to find a load of clients from one place with the exception of speaking.
It is all in the power of small numbers. You want to be everywhere!!
Example of testimonial sheets page 94 & 95. The book testimonials are requested. Try
and get pictures of the testimonial people with celebrities.
Integrity
Don't accept a client you shouldn't
- Lack the expertise or know-how to help
- Could refer to a true specialist who could be of much greater help
- Will be unable to satisfy (Examples: Ken Roberts, Bill Phillips)
- Is in a business you object to or are uncomfortable with
- Represents too great a risk
- Will clash with others in your group (if coaching)
- Is in direct competitive conflict with another client
Don't over-promise and under-deliver
- Dollars made through desperate or dishonest selling disappear ....the
reputation damage caused by a legitimately disappointed client last
forever
- Don’t tell them what they want to hear
Don't prescribe based on ability to pay
- You will get caught eventually
- You should actually have a pricing formula(s) that is "standard"
- It is OK and smart to add "Degree Of Difficult/Pain In Ass" surcharges
which is disclosed and paid back if not transpired
- It is dangerous to charge wildly different fees to different clients for no
reason other than the thickness of their wallets
Conversely, don't "cut deals"
- Nobody ever keeps a secret
- Anyone requiring "a deal" to be your client will ultimately prove to be a
client you'll wish you didn't have
- You don't just lose money, you lose power
Guard your reputation / be wary of recommending others
- If you refer your neighbour to a breeder who sells him a supposedly gentle
and trustworthy dog but the dog eats his children during the night, your
relationship with your neighbour will be as irretrievably broken as if you
barbequed and ate the kids yourself.
Don't steal from your clients
- If you are going to use 'work product', be clear in advance
- Never sign a non-disclosure agreement
- Play fair about legitimately proprietary information
- In group settings, have clear rules regarding appropriate SWD (copying
each others material)
Strive to avoid misunderstandings
- Disclose other work, relationships, etc. that may be of concern
- NEVER work without detailed written agreements. There will be
details forgotten and stories between 2 parties will differ.
- "Paper trail" phone and in-person conversations. There is no casual
conversation. Always memo.
The big ethical issue in coaching is how they feel about the people who they take
money from who get no results. You have to get that it is not your responsibility
to make them successful in any shape or form. The majority won’t. Think of the 5,
15 & 80% rule.
DVD 10
The kit is sold over 3 monthly instalments with 3 months free tele-coaching thrown in
and after the kit is paid off, the tele-coaching continues and is then delivered at the
same price as the instalments until the person cancels it.
You can also just sell them into coaching from the start.
Controversy
When crossing the line and attacking the status quo to get attention you should not do it
on people or an association that has a lot of media because they have more ink than
you do.
DVD 11
When You Can, Deal With Smart And Successful People -And Be Careful Not To
Under-Price
“If you are a true gem, do not waste your energy trying to undersell yourself to the
common village peddlers. You will only annoy them and waste your time. It is much
easier to sell valuable things to people who recognize the value than those who do not."
(Thick Face, Black Heart)
Power Phrases
I do not ordinary accept...
It will be very difficult to...
I’m frankly not eager to...
My partner, spouse will kill me, but...
If it weren’t for...
I am willing to make an exception for you because...
I will need to delay another clients work, so this will have to be tentative, until I
contact him
And that’s why I get the big bucks
Page 115 is a Lift Letter for main sales letter on page 116.
Every offer should be a history making event i.e. first time ever or last time ever.
Anything less is not exciting. It should be:
New
Improved
never available before/last time available
Never done it this way before/never will be done this way again
First time we have had this addition/last addition
first time offered/last time offered
first time at this pricing/last time at this pricing
Never to this number before/last time
Page 143 last paragraph is about obligation (survey) – we built it for you so now
buy it.
Page 159 is an order form which makes them aware of how inadequate they are.
The 2 marketing questions on page is 160 are gold because most peoples
answers is zero. Question makes them unhappy on page 161. Page 162 is
inadequacy copy.
If a hard-nosed banker was thoroughly investigating and analysing your business and
you personally, in deciding whether or not to loan you $1,000,000 into your business
unsecured, what 3 facts would he find most encouraging and what 3 facts would he find
most disencouraging?
Page 187 is a renewal letter sent 6 months before the next term of coaching.
Page 221 is the BGS coaching sales letter. The letter acknowledges that a lot of people
have bought the kit and are doing nothing with it. A lot of people hide for this fact and
the letter makes it ok for them to buy.
Craig Proctor sales letter page 200, items 1,2 & 5 are the same thing!! Streches the
same thing for more value.
Use the questionnaire to tell them what the program will do for them, i.e. help &
cure the deficiencies they have put on the form. There is great emotional
commitment to filling out these forms.
Page 402 first is qualifying, second paragraph is takeaway selling and third is straight to
the money.
Forced compliance is the quickest way to drive people off. Giving assignments that
most likely will not be done. Just keep delivering stuff.
Another way of doing it is if they pay X and they meet certain benchmarks they get
some of X back. Incentivised rebates.